115 W State Road 38
Pendleton, IN 46064
4 Beds
2 Baths
3,435 sqft (on 27.31 acres)
4 Beds
2 Baths
3,435 sqft
(on 27.31 acres)
Local Information
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Description
Don't miss out on this outstanding equestrian facility in Pendleton, IN! Down a long driveway off the main road sits a beautiful home and several excellent support buildings on 27.31 +/- acres. A property you won't find anywhere else with its charm and facilities providing many opportunities for country living and equestrian needs. This unique home was built in 1879 with a total of 2,434 sqft. It has 4 bedrooms, 2 bathrooms, and an unfinished 1,000+ sqft basement. The kitchen is a gathering spot in this home with its open space and high-end appliances. Outside relax on the porch next to the inground heated pool and pool house. This property not only has the main home, but two other fully functional guest homes, and a 24' by 24' heated detached 2 car garage. Walk around this facility and you will find several high end barns and stables. Many paddocks, pastures, and arenas for equestrian training ready for its new owner. Take notice of the useful barns available. 1. A new 60' x 176' indoor riding arena with grandstands and judging platform. 2. A 60' x 80' horse barn that has 12 stalls, tack room, and storage space. 3. A 36' x 48' barn with 5 horse stalls. 4. A handy storage, feed, and equipment barn with 4 horse stall and tack storage. 5. The original arena and stall location with a unique feel and design! Added in recent years is the outdoor arena with lighting, allowing for late evening and night training. A professionally lit outdoor arena, perfect for evening riding sessions and events. Additional Equestrian Amenities: 21 paddocks, round pen, stable areas, trailer storage, and more!
Home Highlights
Parking
Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$815
Listed
180+ days ago
Home Details for 115 W State Road 38
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MLS Status: Active |
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Interior Details Basement: UnfinishedNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Hearth Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 3435 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Microwave, Double Oven, Range Hood, RefrigeratorDishwasherDisposalMicrowaveRefrigerator |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Gas LogHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Hardwood |
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Exterior Home Features Fencing: FencedFoundation: Concrete Perimeter, Stone |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached |
Pool Pool: Heated, In GroundPool |
Farm & Range Horse Amenities: None, Arena, Barn, Boarding Facilities, Pasture, Stable(s), Tack Room, See Remarks |
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Cumulative Days on Market: 129Days on Market: 180+ |
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Year Built Year Built: 1879 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, FarmArchitecture: Italianate |
Building Construction Materials: Stone, Vinyl SidingNot a New ConstructionNot Attached PropertyHas Additional Parcels |
Property Information Parcel Number: 481425100005000012Additional Parcels Description: 481425100003000012 |
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Price List Price: $2,800,000Price Per Sqft: $815 |
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Direction & Address City: PendletonCommunity: No Subdivision |
School Information Jr High / Middle School: Pendleton Heights Middle SchoolHigh School: Pendleton Heights High SchoolHigh School District: South Madison Com Sch Corp |
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Listing Agent Listing ID: 22043463 |
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Building Area Building Area: 3435 Square Feet |
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No HOA |
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Lot Area: 27.31 Acres |
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BasementMls Number: 22043463Attic: Access Only, Permanent Stairs |
Last check for updates: about 6 hours ago
Listing Provided by: Caleb Cleek
Jeff Boone Realty, LLC
Terry Sheets, (765) 810-5351
Jeff Boone Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22043463
Also Listed on MIBOR as distributed by MLS GRID.
Price History for 115 W State Road 38
| Date | Price | Event | Source |
|---|---|---|---|
| 08/11/2025 | $2,800,000 | PriceChange | MIBOR as distributed by MLS GRID #22043463 |
| 10/17/2024 | $3,800,000 | PriceChange | MIBOR as distributed by MLS GRID #21999492 |
| 09/04/2024 | $2,345,678 | PriceChange | MIBOR as distributed by MLS GRID #21999492 |
| 05/21/2024 | $4,450,000 | PriceChange | MIBOR as distributed by MLS GRID #21934247 |
| 07/28/2023 | $4,900,000 | Listed For Sale | MIBOR as distributed by MLS GRID #21934247 |
| 04/07/2018 | $1,300,000 | Sold | N/A |
| 03/22/2018 | $1,250,000 | Pending | Agent Provided |
| 12/19/2017 | $1,250,000 | PriceChange | Agent Provided |
| 07/12/2017 | $1,175,000 | PriceChange | Agent Provided |
| 04/28/2017 | $1,275,000 | PriceChange | Agent Provided |
| 04/25/2017 | $1,475,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $15,621 |
| Assessment | $1,381,800 |
Home facts updated by county records
Comparable Sales for 115 W State Road 38
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.87 | Single-Family Home | $375,000 | 08/08/25 | 3 | 2 | 2,832 | |
0.89 | Single-Family Home | $1,425,000 | 02/20/26 | 5 | 5 | 13,521 | |
1.32 | Single-Family Home | $550,000 | 01/26/26 | 5 | 4 | 3,446 | |
1.39 | Single-Family Home | $386,000 | 12/12/25 | 4 | 2.5 | 2,803 | |
1.22 | Single-Family Home | $308,200 | 12/23/25 | 2 | 2 | 1,560 | |
1.92 | Single-Family Home | $660,000 | 11/03/25 | 4 | 3 | 4,935 | |
1.64 | Single-Family Home | $376,900 | 12/03/25 | 4 | 2 | 2,158 | |
1.69 | Single-Family Home | $300,000 | 02/20/26 | 3 | 2 | 3,924 | |
1.58 | Single-Family Home | $349,900 | 08/27/25 | 3 | 2 | 1,777 | |
1.84 | Single-Family Home | $426,426 | 09/26/25 | 4 | 2.5 | 3,319 |
Assigned Schools
These are the assigned schools for 115 W State Road 38.
- Pendleton Heights High School
- 9-12
- Public
- 1357 Students
9/10GreatSchools RatingParent Rating AverageI’m a former student here. The administration and staff here is terrible. A lot of the male teachers are very weird, resource officer is very weird, they don’t even care for their students. give out punishments for things that should be illegal.Other Review3y ago - Pendleton Heights Middle School
- 7-8
- Public
- 721 Students
5/10GreatSchools RatingParent Rating AverageThis school is a mess. I wake up every morning and feel drained because the kids here are absolutely terrible and teachers don't do anything to help with bullying or harassment. Not even the bus drivers that are hired to pick up your kids and drop them off! I am currently an 8th grader and last year taught me how mean people can be for no apparent reason. If you don't do sports, you're a nobody, if you are quiet, you're weird, if you have a certain haircut, they will call you names and keep harassing you until you get a reaction out. Even if you got into a fight the year before or were raped, everyone will make fun of you. None of the staff will do anything about it because they don't care. The gym teachers are always on their phones, the 7th grade teachers are mostly young, but they don't do much and they don't care when a fight breaks out. We had a bully prevention presentation in the gym last year with this Best Buddies club, and it was all about playing basketball and if you made a certain amount of shots in the basket, you'd get an apple gift card. They only talked about bullying for 10 minutes. The guys in this school are absolutely disgusting and will ask about what's in your pants, what color is it, and touch you when you don't want to be touched. I was sexually harassed in this school last year and the school didn't step in until my stepfather was by the guys dog. I was in the office until the 2nd period to wait for the counselor and they yelled at me when I had my phone out. They refuse to let you go to the bathroom as well when we are doing nothing in class. The guys even make jokes about raping you and your whole family. The girls here just plain out hate everyone. They either are too hot to care about class or they will do anything to make you hate yourself. Oh, and every kid there will take a picture of anybody without them knowing and post it on their social media illegally! They will also make you feel bad for anything you do, feel, or what you are passionate about. But that is all I have to say about this school. It's awful in every way but the education is good at least, but this school is just an awful environment for your kid to be around. You really can't trust anyone in this school either but that's all. I don't recommend this school at all. Don't bring your kids here and don't be yourself in this school.Student Review2y ago - East Elementary School
- K-6
- Public
- 755 Students
6/10GreatSchools RatingParent Rating AverageAbsolutely DISGUSTING school, i have a friend who goes here which harassed by a guy named Blake, keep in mind that guy has pics of girls AND he's not suspended. The guy makes inappropriate jokes at her. And nothings been done.Other Review7mo ago 
Check out schools near 115 W State Road 38.
What Locals Say about Pendleton
At least 49 Trulia users voted on each feature.
96 % Say yards are well-kept
92 % Say it's dog friendly
88 % Say car is needed
87 % Say there's holiday spirit
86 % Say people would walk alone at night
83 % Say kids play outside
78 % Say parking is easy
77 % Say it's quiet
69 % Say there are sidewalks
69 % Say there's wildlife
67 % Say neighbors are friendly
61 % Say they plan to stay for at least 5 years
59 % Say streets are well-lit
54 % Say there are community events
40 % Say it's walkable to restaurants
25 % Say it's walkable to grocery stores
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Caleb Cleek, Jeff Boone Realty, LLC
Based on information submitted to the MLS GRID as of 2026-05-08 15:28:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
115 W State Road 38, Pendleton, IN 46064 is a 4 bedroom, 2 bathroom, 3,435 sqft single-family home built in 1879. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 10, 2025. The MLS # for this home is MLS# 22043463.